PPP Loan information for Park metal products company

$534,775

Park metal products company was initially approved for PPP Loan of amount $534,776, the current approved amount is $534,775. The loan was approved on 04/27/2020 by The Bank of Ann Arbor reported 38 jobs and $534,775 was used to fund payroll.

Park metal products company is Existing or more than 2 years old

PPP Loan Search / MI / Detroit / Park metal products company

PARK METAL PRODUCTS COMPANY

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PARK METAL PRODUCTS COMPANY

Borrower Address

19197 Sherwood

Borrower City

Detroit

Borrower State

MI

Borrower Zip

48234-2812

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

534775.99

Current Approval Amount

534775.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Detroit

Project County Name

WAYNE

Project State

MI

Project Zip

48234-2812

CD

MI-13

Jobs Reported

38

NAICS Code

334515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

534775.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

537529.46

Forgiveness Date

11/05/2020

;